TP Icap Plc
The U.K.-based firm said its Brexit preparations have been "hampered by political uncertainty," which continues into 2018.
"As a result, we have now moved from analysis and planning, to decisions and action without a full understanding of the final outcome of the negotiations between the U.K. government and the EU," it said.
The company said it already has an "extensive" continental European footprint servicing EU clients from Frankfurt, Paris, Amsterdam, Madrid and other locations.
TP Icap reported full-year 2017 consolidated profit attributable to equity holders of the parent of £87 million, up from £44 million in 2016. Revenues came in at £1.76 billion in 2017, an increase from £892 million a year earlier.
